901 Pennsylvania Ave, Miami Beach, FL 33139

Miami Beach
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
901 Pennsylvania Ave,Miami Beach, FL 33139
$3,450,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jesse spencer, joseph biscaha
Office: compass florida, llc.305-851-2820
MLS#:A11998939
Source:SEFMLS

Price summary

  • Price:$3,450,000

About this home

Introducing 901 PENN, a prime South Beach investment on a 7,500 SF corner lot at Pennsylvania Ave & 9th St. This mixed-use property features six (6) apartments & four (4) ground-floor retail/office units with Washington Ave visibility, ensuring strong tenant demand. A stabilized income-generating asset offering multiple investment strategies, including retail repositioning, owner-user occupancy, or redevelopment potential. Recent capital improvements—new roof (2023), exterior paint, AC units, & more. Positioned in a high-foot-traffic area, surrounded by hotels, restaurants, shopping, and nightlife, 901 PENN benefits from unbeatable exposure and walkability. With strong rental income and scheduled increases, this is a lucrative Miami investment in a world- class destination.

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Home facts

  • Year built:1948
  • Listing ID #:A11998939
  • Updated:June 05, 2026 at 10:01 AM

Rooms and interior

  • Flooring:Concrete, Tile

Heating and cooling

  • Cooling:Central Air, Wall/Window Units
  • Heating:Central, Wall Furnace
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1948
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,450,000
  • Tax amount:$59,664 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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